📊 Updated Analysis: BTC vs DXY
🔺 BTC Chart (Top Panel)
Price is near previous ATH resistance (~$110k).
Momentum is slowing as shown by the bearish divergence on RSI (RSI trending lower while price stays flat or rises).
However, BTC has not broken down; it’s still in consolidation near highs — not rejection.
🔻 DXY Chart (Bottom Panel)
DXY had a mini rally from ~100 to ~110 but is now pulling back slightly.
If DXY forms a lower high and breaks down, that would typically support a BTC rally.
If DXY resumes strength, BTC may consolidate longer or correct.
🧠 Can BTC Sustain a Multi-Year Bull Run with DXY in View?
Yes — if DXY weakens.
🟢 Bull Run Case:
If DXY breaks below 100, this could trigger a major capital rotation into risk assets, including BTC.
BTC above $112k with falling DXY = probable start of a parabolic rally (think $150k+).
🔴 Bearish Risk:
If DXY finds strong support (~98–100) and begins rallying again, especially beyond 110–112, BTC could enter a mid-cycle correction.
🔭 Watch These Levels:
BTC: Break/close above $112k = bull continuation. Breakdown below ~$85k = caution.
DXY: Close below 100 = major BTC bullish signal. Close above 112 = danger zone for crypto.
🔺 BTC Chart (Top Panel)
Price is near previous ATH resistance (~$110k).
Momentum is slowing as shown by the bearish divergence on RSI (RSI trending lower while price stays flat or rises).
However, BTC has not broken down; it’s still in consolidation near highs — not rejection.
🔻 DXY Chart (Bottom Panel)
DXY had a mini rally from ~100 to ~110 but is now pulling back slightly.
If DXY forms a lower high and breaks down, that would typically support a BTC rally.
If DXY resumes strength, BTC may consolidate longer or correct.
🧠 Can BTC Sustain a Multi-Year Bull Run with DXY in View?
Yes — if DXY weakens.
🟢 Bull Run Case:
If DXY breaks below 100, this could trigger a major capital rotation into risk assets, including BTC.
BTC above $112k with falling DXY = probable start of a parabolic rally (think $150k+).
🔴 Bearish Risk:
If DXY finds strong support (~98–100) and begins rallying again, especially beyond 110–112, BTC could enter a mid-cycle correction.
🔭 Watch These Levels:
BTC: Break/close above $112k = bull continuation. Breakdown below ~$85k = caution.
DXY: Close below 100 = major BTC bullish signal. Close above 112 = danger zone for crypto.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.